Biogen Inc. (BIIB) EBITDA Margin: 31.60%
Is Biogen Inc.’s EBITDA margin high or low?
Biogen Inc.'s EBITDA margin of 31.60% is in line with its 5-year average of 32.54%, around the middle of its 5-year range (24.17%–38.00%).
The EBITDA margin for Biogen Inc. (BIIB) is 31.60% as of Wednesday, June 10, 2026. It is above its 12-month average by 1.02% (31.28%).
BIIB EBITDA Margin Chart
BIIB Average EBITDA Margin Chart
BIIB Current vs Average EBITDA Margin Chart
BIIB EBITDA Margin Metrics
EBITDA MARGIN
31.60%
EBITDA MARGIN AVG TTM
31.28%
EBITDA MARGIN AVG 3Y
30.38%
EBITDA MARGIN AVG 5Y
32.54%
EBITDA MARGIN AVG 10Y
42.06%
EBITDA MARGIN AVG 15Y
41.86%
EBITDA MARGIN AVG 20Y
41.18%
CURRENT VS TTM AVG
+1.02%
CURRENT VS 3Y AVG
+4.03%
CURRENT VS 5Y AVG
-2.88%
CURRENT VS 10Y AVG
-24.87%
CURRENT VS 15Y AVG
-24.50%
CURRENT VS 20Y AVG
-23.27%
BIIB Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Biogen Inc. (BIIB) | — | 31.60% | 31.28% | 30.38% | 32.54% |
| DexCom, Inc. (DXCM) | $29.24B | 24.96% | 24.20% | 23.29% | 21.36% |
| IQVIA Holdings Inc. (IQV) | $30.60B | 21.24% | 21.82% | 21.39% | 20.63% |
| Veeva Systems Inc. (VEEV) | $26.73B | 28.68% | 27.64% | 24.37% | 25.68% |
| Centene Corporation (CNC) | $31.94B | -2.64% | 0.58% | 1.90% | 2.49% |
| Waters Corporation (WAT) | $23.83B | 31.97% | 33.50% | 33.77% | 33.93% |
| Zoetis Inc. (ZTS) | $34.20B | 42.98% | 42.41% | 42.38% | 41.76% |
| Mettler-Toledo International Inc. (MTD) | $22.85B | 30.67% | 31.14% | 31.31% | 30.59% |
| BioNTech SE (BNTX) | $21.81B | -9.29% | -11.31% | 22.27% | 24.39% |
| Agilent Technologies, Inc. (A) | $37.17B | 26.41% | 27.60% | 26.98% | 26.47% |
Margin Comparison
Gross Margin
69.8%
EBITDA Margin
31.6%
Operating Margin
15.7%
Net Margin
13.9%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
Biogen Inc. EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Biogen Inc. EBITDA Margin FAQ
- What is the EBITDA margin for Biogen Inc. (BIIB)?
- The EBITDA margin for BIIB stock is 31.60%.
- Is Biogen Inc.'s EBITDA margin high or low?
- Biogen Inc.'s EBITDA margin of 31.60% is in line with its 5-year average of 32.54%, around the middle of its 5-year range (24.17%–38.00%).
- What is the TTM average EBITDA margin for Biogen Inc. (BIIB)?
- The TTM average EBITDA margin for BIIB stock is 31.28%.
- What is the 3Y average EBITDA margin for Biogen Inc. (BIIB)?
- The 3Y average EBITDA margin for BIIB stock is 30.38%.
- What is the 5Y average EBITDA margin for Biogen Inc. (BIIB)?
- The 5Y average EBITDA margin for BIIB stock is 32.54%.
- What is the 10Y average EBITDA margin for Biogen Inc. (BIIB)?
- The 10Y average EBITDA margin for BIIB stock is 42.06%.
- What is the 15Y average EBITDA margin for Biogen Inc. (BIIB)?
- The 15Y average EBITDA margin for BIIB stock is 41.86%.
- What is the 20Y average EBITDA margin for Biogen Inc. (BIIB)?
- The 20Y average EBITDA margin for BIIB stock is 41.18%.
Biogen Inc. EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2025-12-31 | 31.60% |
| 2024-12-31 | 30.96% |
| 2023-12-31 | 24.17% |
| 2022-12-31 | 34.77% |
| 2021-12-31 | 35.73% |
| 2020-12-31 | 38.00% |
| 2019-12-31 | 53.83% |
| 2018-12-31 | 52.14% |
| 2017-12-31 | 53.84% |
| 2016-12-31 | 55.43% |
| 2015-12-31 | 52.17% |
| 2014-12-31 | 47.46% |
| 2013-12-31 | 43.59% |
| 2012-12-31 | 39.97% |
| 2011-12-31 | 41.66% |
| 2010-12-31 | 34.39% |
| 2009-12-31 | 41.04% |
| 2008-12-31 | 40.76% |
| 2007-12-31 | 41.98% |
| 2006-12-31 | 32.39% |
| 2005-12-31 | 38.98% |
| 2004-12-31 | 32.74% |
| 2003-12-31 | -432.02% |
| 2002-12-31 | 63.76% |
| 2001-12-31 | 41.30% |
| 2000-12-31 | 57.30% |
| 1999-12-31 | 43.72% |
| 1998-12-31 | 38.60% |
| 1997-12-31 | 38.77% |
| 1996-12-31 | 20.24% |
Related Metrics
About Biogen Inc.
Biogen Inc. is a leading biotechnology firm dedicated to the discovery, development, production, and distribution of treatments for complex neurological and neurodegenerative conditions. Its established portfolio includes a range of medications addressing multiple sclerosis (MS), such as TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, TYSABRI, and FAMPYRA. For spinal muscular atrophy (SMA), Biogen provides SPINRAZA, while FUMADERM is available for the treatment of plaque psoriasis. Among its other key offerings is ADUHELM, specifically developed for Alzheimer's disease. The company also markets a selection of biosimilar drugs, including BENEPALI (an etanercept biosimilar akin to ENBREL), IMRALDI (an adalimumab biosimilar comparable to HUMIRA), and FLIXABI (an infliximab biosimilar referencing REMICADE). Further extending its therapeutic reach, Biogen supplies RITUXAN, prescribed for conditions like non-Hodgkin's lymphoma, chronic lymphocytic leukemia (CLL), rheumatoid arthritis, certain types of ANCA-associated vasculitis, and pemphigus vulgaris. RITUXAN HYCELA targets non-Hodgkin's lymphoma and CLL, and GAZYVA is utilized for CLL and follicular lymphoma. OCREVUS addresses both relapsing and primary progressive forms of MS, complementing the company's broader efforts in anti-CD20 therapies. The company maintains a robust research and development pipeline, featuring numerous investigational therapies. These candidates are designed to tackle a wide spectrum of conditions, including multiple sclerosis and neuroimmunological disorders (e.g., BIIB135, BIIB061, BIIB091, BIIB107), Alzheimer's disease and other forms of dementia (e.g., Aducanumab, Lecanemab, BIIB076, BIIB080), neuromuscular disorders (e.g., BIIB067, BIIB078, BIIB105, BIIB100, BIIB110), Parkinson's disease and related movement disorders (e.g., BIIB124, BIIB094, BIIB118, BIIB101, BIIB122), neuropsychiatric conditions (e.g., BIIB125, BIIB104), immunology-related illnesses (e.g., Dapirolizumab pegol, BIIB059), acute neurological events (e.g., BIIB093, BIIB131), and neuropathic pain (e.g., BIIB074). Additionally, several biosimilar candidates, such as BYOOVIZ, BIIB800, and SB15, are progressing through various developmental stages. Biogen actively engages in strategic collaborations and licensing arrangements with various partners, including Acorda Therapeutics, Inc., Alkermes Pharma Ireland Limited, Denali Therapeutics Inc., Eisai Co., Ltd., Genentech, Inc., Neurimmune SubOne AG, Ionis Pharmaceuticals, Inc., Samsung Bioepis Co., Ltd., Sangamo Therapeutics, Inc., and Sage Therapeutics, Inc. Established in 1978, Biogen Inc. maintains its corporate headquarters in Cambridge, Massachusetts.
- Sector
- Healthcare
- Industry
- Drug Manufacturers - General
- CEO
- Christopher A. Viehbacher